personal taxatation Archives - Page 18 of 52 - Whitefield Tax - Isle of Wight Accountants

Tax allowances available when working from home

by Jessica Garbett | Jan 10, 2020 | ACCA, business taxation, personal taxatation

The reliefs employees and those who are self-employed can claim when they work from home will depend on a number of conditions. Employees working from home It is a condition for tax relief under section 336 ITEPA 2003 that the expenses must be incurred ‘wholly and...

Self assessment and tax returns from directors

by Jessica Garbett | Jan 6, 2020 | ACCA, HMRC, personal taxatation

Not all directors now have an obligation to file a tax return. HMRC has made changes to its guidance on the requirement to file tax returns by directors. The guidance removed the previous statements suggesting all directors have an obligation to file tax returns. The...

Top tips when using provisional figures in self-assessment tax returns

by Jessica Garbett | Jan 6, 2020 | ACCA, business taxation, personal taxatation

A tax return containing provisional figures should only be submitted if it becomes clear that a more accurate figure will not be available before the filing date. HMRC will not accept a return containing estimated or provisional figures when the client did not provide...

Student loan repayments – a refresher

by Jessica Garbett | Oct 25, 2019 | ACCA, business issues, employer returns, personal taxatation

Guidance for England and Wales domiciled students who studied in the UK and EU students who studied in England or Wales. For taxpayers who took out student loans to fund courses in England and Wales starting on or after August 1998, the repayments of the loan depend...

Taxation of shares transferred to a director or employee

by Jessica Garbett | Oct 11, 2019 | ACCA, business taxation, capital taxation, personal taxatation

Understanding how to account for employee securities and shares. Shares in companies are commonly used by employers to remunerate directors and employees. These are sometimes transferred under a formal plan which may have written rules which specify when and how many...

Principal Private Residence Relief – Changes from April 2020

by Jessica Garbett | Aug 23, 2019 | ACCA, capital taxation, personal taxatation, property taxation

The Finance Bill 2019/20 contains new rules on PPR relief. PPR relief is amended for disposals (exchange of contracts) on or after 6 April 2020. In summary, be aware of the following: PPR entitlement will be restricted during the final period of ownership to a period...

« Older Entries

Next Entries »

Tax allowances available when working from home

Self assessment and tax returns from directors

Top tips when using provisional figures in self-assessment tax returns

Student loan repayments – a refresher

Taxation of shares transferred to a director or employee

Principal Private Residence Relief – Changes from April 2020

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax